
Midwest Advanced Materials
Advanced Materials
DeepTech
Telangana
, India
Founded:
Jan 2022
Founders:
Kukreti Soumya
Description:
Precision rare earth magnet manufacturing platform for clean energy, mobility, and defence technology systems.
Key Highlights:
Funding Raised: ~$20M
Core Problem Statement
Over 90% of the rare earth magnet supply chain is concentrated in specific geographic regions, creating massive strategic vulnerabilities, volatility, and supply dependence for EVs, defence, and high-tech industries.
Solution Overview
Precision rare earth magnet manufacturing utilizing advanced diamond wire cutting for precise sizing, machining, shaping, and grain boundary engineering. The platform optimizes the sustainable extraction and refining of heavy mineral sands to build high-performance NdFeB magnets for critical electric drivetrains and power generators.
Strategic Engagement Opportunities
Offers EV OEMs, wind turbine manufacturers, and defence enterprises a secure, long-term alternative sourcing option. The value-chain architecture aligns directly with sovereign critical mineral security and self-reliance policy objectives.
